Computers, electronic products lead export revenue

Kim Loan Thursday | 11/09/2023 11:50

Photo by VGP.

Computers, electronic products, and components were Vietnam's top hard currency earner in the first 10 months of this year, with an export turnover of $47 billion.

The above figure brought the country's total export value to $291.28 billion in the reviewed period.

The ministry said there were 33 items with export turnovers of over $1 billion each and 10 items with export turnovers of over $10 billion each.

Mobiles and spare parts ranked second as they raked in $44.02 billion in turnover, followed by machines and spare parts with $35.51 billion, garments and textiles with $27.8 billion, footwear with $16.05 billion, transport vehicles and spare parts with $11.58 billion, and furniture and wood products with $10.8 billion.

Viet Nam gained a trade surplus of $3 billion in October, raising the country’s total trade surplus during January–October 2023 to more than $24.6 billion, the highest over the last five years.

Viet Nam planned to accelerate negotiations towards signing trade agreements with potential partners such as the United Arab Emirates and the Southern Common Market (Mercosur) in an effort to diversify markets, products, and supply chains.

This year's export value is prejected to increase by 6 percent to around $393–394 billion, according to the ministry.

Source: VGP